HONOR Sees Strong Growth Amid Global Industry Decline

Flagship HONOR View20 Soon to be Launched Globally, Paving the Way to a Powerful
Start of 2019

[Hong Kong, 16 January 2019] – HONOR, a leading smartphone
e-brand, has cemented its leading industry position with strong growth in 2018, despite a global industry
downturn. According to IDCi , the global smartphone market recorded a 3.1% year-over-year decline in shipments
in the first three quarters of 2018 but HONOR bucked that trend and achieved a 27.1% increase. HONOR now ranks
first in market share in the mid and high-end online channel market for the same period.

“HONOR’s unrivaled products with unbeatable value help us win support from our 100 million fans worldwide. We
believe HONOR will soon meet our goal of becoming a ‘Top 5’ global smartphone brand within three years and ‘Top
3’ within five years. We have upgraded our branding this year with a new logo in moving colors accompanied by
our slogan “HONOR MY WORLD”, and a new mission to create an intelligent world that belongs to the global youth.
The new branding will continue to echo and further accelerate our business growth,” said Mr. George Zhao,
President of HONOR.

Mr. George Zhao spoke at the HONOR Fans Fest in Beijing, after HONOR View20’s China Launch

The Global Launch of the HONOR View20
will take place in Paris on January 22. The flagship embodies HONOR’s
latest innovation and creativity. Ever since its inception, HONOR has been making history on all fronts,
leading the revolution for smartphones in Artificial Intelligence (AI), performance and product design.

HONOR’s Evolution in AI

AI is and will remain the biggest game changer for the industry. According to a study conducted by PwCii , AI is
predicted to contribute up to $15.7 trillion to the global economy in 2030. Having recognized this major trend,
HONOR has recently launched the ultimate AI smartphone camera for the HONOR View20. The device leverages the AI
computing power and graphic processing power enabled by the dual-ISP and dual-NPU of the Kirin 980 chipset to
collate the essence of multiple photos taken by the world-first 48MP rear camera (powered by the Sony IMX586
sensor) and create a 48MP AI ultra-high-definition image.

Over the years, HONOR has stunned the world with a succession of AI breakthroughs. In December 2016, HONOR
launched the HONOR Magic, the first phone in the industry to feature an AI system “Magic Live” in a smartphone,
to verify the ecosystem and learn how to collaborate with companies and help design apps for the cloud. A year
later, HONOR took it to the next level and incorporated an AI chipset, the Kirin 970, into the HONOR View10,
enabling powerful scene recognition and self-learning capabilities. Also equipped with the same AI chipset, the
HONOR 10 features a dual-lens AI 2.0 camera and an industry-first Semantic Image Segmentation technology that
can recognize 500+ scenarios in 22 categories in real-time.

HONOR’s Evolution in Performance

HONOR continually packs ground-breaking hardware and software upgrades in its smartphones to deliver a seamless
performance for consumers. HONOR equipped the latest flagship HONOR View20 with Link Turbo, which leverages AI
and big data to automatically analyze users' usage behavior and network conditions. This allows them to switch
seamlessly between Wi-Fi or 4G networks and boost downloading speed by adopting both networks simultaneously.

Additionally, HONOR released a series of high-end technology last year. The GPU Turbo, launched in June 2018,
is a revolutionary hardware-software integration solution that dramatically increases the graphics processing
power by 60% while reducing SoC (System on Chip) energy consumption by 30%. HONOR also launched the Liquid
Cooling System, which is equipped with a nine-layer thermal design and a PC-grade liquid cooling pipe. It
delivers 41% increase in heat dissipation and up to 10°C reduction in CPU temperature for handsets.

HONOR’s Evolution in Product Design

HONOR prioritizes the design of its products for both functionality and aesthetics. HONOR View20 is the perfect
combination of both. The HONOR View20 comes with HONOR’s brand-new screen technology, HONOR FullView Display, which
features a world-first, in-screen front camera design, and a vivid and dynamic V-shape color gradient design
enabled by nanolithography technology.

HONOR has been leading the race to true full-view display from the very beginning, ever since adopting the 18:9
bezel-less screen for the HONOR 7X
and the HONOR View10 in 2017. Not long after, HONOR launched the HONOR 10
with notched screen, further expanding the display area.

HONOR has dominated the stylish smartphone design space ever since it introduced the element of colors to
smartphones with HONOR 8’s Sapphire Blue in 2016 and
HONOR 9’s Glacier Grey in 2017. Then, HONOR went beyond
solid colors and launched the HONOR 10 and the HONOR 10 Lite
in ever-changing and flowing gradient colors, as
well as the HONOR 8X that features a double texture.

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